Financial markets in Guangdong, Hong Kong and Macao accelerate interconnection. The "Cross-border Wealth Management Connect" business has attracted market attention since its pilot launch in 2021.
As of the end of 2023, a total of 67 banks and 69,000 individual investors have participated in the pilot. The amount of cross-border remittances of funds related to the pilot was 10.59 billion yuan, a year-on-year increase of 3.8 times. Experts believe that the "Implementation Rules" will further release pilot policy dividends and make the Greater Bay Area more convenient while promoting the interconnection of the financial markets.